#TariffsPause The President of the United States, Donald Trump, has declared a 90-day pause on reciprocal tariffs and has lowered the tariff rate to 10% for countries that do not retaliate with counter-tariffs.

However, the President also stated that he would increase the reciprocal tariff rate on China to 125% due to the country's counter-tariffs against the United States. Trump wrote in a post on April 9 on Truth Social: "At some point, hopefully, in the near future, China will realize that the days of scamming the U.S. and other countries are no longer sustainable or acceptable."